The Resource Corporate distributions, by C. Steven Bradford

Corporate distributions, by C. Steven Bradford

Label
Corporate distributions
Title
Corporate distributions
Statement of responsibility
by C. Steven Bradford
Creator
Contributor
Subject
Genre
Language
eng
Summary
  • "This lesson focuses on state corporation law restrictions on distributions to shareholders. It does not cover restrictions on distributions arising from other sources, such as contractual restrictions, the law of fraudulent conveyance, or federal bankruptcy law
  • The lesson begins with a brief look at the required procedure to approve corporate distributions, then turns to the types of distributions covered by the legal restrictions, focusing primarily on the definition of "distribution" in the revised Model Business Corporation Act. The majority of the lesson deals with the various cash flow and balance sheet tests used to restrict distributions. The focus is on the revised MBCA and Delaware law, but earned surplus restrictions are also discussed. A separate section of the lesson discusses complications: revaluation of assets and liabilities, restating the corporate capital accounts, the effect of preferential rights, and timing issues that arise primarily when debt is distributed. The lesson also discusses the possible liability of directors for authorizing, and shareholders for accepting, unlawful distributions
  • No prior knowledge of accounting is necessary for this lesson. The lesson includes a brief, minimalist introduction to the necessary accounting concepts; that material may be bypassed by students with sufficient knowledge of accounting concepts."-- CALI lessons subject list
Member of
Is part of
Additional physical form
Also issued as part of the annual compilation of lessons on CD-ROM under the title: CALI lessons for law students. When different, the online version is more current
Cataloging source
WCL
Characteristic
interactive multimedia
http://library.link/vocab/creatorDate
1956-
http://library.link/vocab/creatorName
Bradford, C. Steven
Intended audience
Law students in CALI-member law schools
http://library.link/vocab/relatedWorkOrContributorName
Center for Computer-Assisted Legal Instruction
http://library.link/vocab/subjectName
  • Dividends
  • Corporations
Target audience
specialized
Label
Corporate distributions, by C. Steven Bradford
Instantiates
Publication
Note
  • Description based on 2001 version
  • "Approximate completion time: 1 hour and 20 minutes"
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
computer program
Content type code
  • cop
Content type MARC source
rdacontent
Dimensions
unknown
Governing access note
CALI password required for access
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication designation
Began in 1999
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)86109390
System details
Mode of access: World Wide Web
Label
Corporate distributions, by C. Steven Bradford
Publication
Note
  • Description based on 2001 version
  • "Approximate completion time: 1 hour and 20 minutes"
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
computer program
Content type code
  • cop
Content type MARC source
rdacontent
Dimensions
unknown
Governing access note
CALI password required for access
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication designation
Began in 1999
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)86109390
System details
Mode of access: World Wide Web

Library Locations

    • Biddle Law LibraryBorrow it
      3400 Chestnut Street, Philadelphia, Pennsylvania, 19104, US
      39.954941 -75.193362
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